Damac starts delivery of US$ 300 mn Damac Tower luxury project

Damac Properties, one of the region’s largest luxury real estate developers, has started delivery of its premier project in Beirut, the Damac Tower, following the completion of the 28-storey property.

The $300-million Damac Tower comprises studio units as well as one-, two-, three- and four-bedroom units featuring 183 luxury apartments with interiors by Versace Home. It enjoys a dynamic location for residents to enjoy in the heart of the renowned Solidere.

The luxury units feature uniquely-designed terraces, spa bathrooms equipped with Jacuzzi, steam or sauna, as well as being smart home technology-enabled.

Damac said the shared visions of the two companies have converged to deliver the most prestigious and sought-after property in Beirut, and its award-winning status has garnered interest by investors from around the world including Lebanese nationals residing in Beirut as well as those abroad.

“The completion of Damac Tower in Beirut is a major achievement for us. Not only does it mark our first project in Beirut, but it also represents a successful collaboration with one of the most renowned luxury brands that has brought the glamour and luxury of the Italian fashion house into interior design and home furnishings,” remarked Niall McLoughlin, the senior vice president, Damac Properties.

"This bespoke project represents high-end luxury living and it was borne out of the demand for a top-end designer lifestyle to appeal to discerning clientele who seek detail," stated McLoughlin.

The tower is also complemented by a grand double height lobby, convenient facilities including a multi-level basement parking, 24-hour security and surveillance, as well as private storage spaces for residents, according to Tradearabia news report.

Common areas including the health and fitness facilities, the concierge reception and the main lobby will feature Versace Home products.

The luxury tower has been designed by architect Erga Group while main contractor Man Enterprise SAL and MEP (mechanical, electrical and plumbing) contractor EM Tech, led the execution of the project.

"With the stunning interiors and spacious apartment units in such a sought-after location, we have raised the bar for exclusive homes in Beirut," he added.